Brookfield Asset Management (BAM) Reports Q3 FFO of $0.85
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Brookfield Announces Record Inflows of $34 billion and Strong Third Quarter
November 11, 2021 6:55 AM ESTBROOKFIELD, NEWS, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A) today announced financial results for the quarter ended September 30, 2021.
Nick Goodman, CFO of Brookfield, stated We took in record inflows of $34 billion since last quarter. Financial results in the quarter were also very strong, reflecting continued growth and excellent investment performance across the franchise. Strong inflows, supported by closes within our Real Estate and Global Transition flagship funds, stable cash flows from our invested capital, and monetization activity contributed to distributable earnings of $1.2... More
